First Mover Asia: Bitcoin Continues Drift Below $60K as Investors Eye Shoppers’ Inflation Response, Biden Fed Chair Pick
- Date: 22-Nov-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
First Mover Asia: Bitcoin Continues Drift Below $60K as Investors Eye Shoppers’ Inflation Response, Biden Fed Chair Pick
Good morning. Here’s what’s happening this morning:
Market moves: Bitcoin continues to drift below $60,000 as Biden tees up his pick for Federal Reserve chair.
Technician’s take: Momentum is still positive on a weekly basis, which is consistent with a bullish uptrend.